Government reduces reserve price of rice, wheat
The government has cut sharply the reserve price of rice and wheat to help FCI offload bulk of its stock.
In the Open Market Sale Scheme (OMSS), rice will now be sold at ₹2,250/quintal against ₹2,785/quintal earlier.
The reserve price of wheat has also been cut. It is now ₹2,135/quintal. Originally, price for the January-March period was fixed at ₹2,245/quintal.
Already, the reserve price, both of rice and wheat, was way lower to the economic cost of FCI. Now, with the price cut, the gap has increased further.
1.Details Of All Important Agriculture Schemes=>Click to Read
2.List Of All Important Agriculture MCQ For Competitive Exams=>Click to Read
3.Agriculture Current Affairs Important For All Exams=>Click to Read
4.PDF Available To Download In Agrilearner App=>Click to Download
5.IBPS SO Agriculutral Officer previous year solved papers 2012,2013,2014,2015,2016,2017 (6 years)=>Click to Download